E.On (FRA:EOAN) received a €9.00 ($11.11) price objective from investment analysts at Berenberg Bank in a research report issued on Monday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s target price indicates a potential downside of 2.71% from the stock’s current price.
A number of other equities research analysts also recently weighed in on the company. Macquarie set a €10.00 ($12.35) target price on E.On and gave the stock a “buy” rating in a research report on Monday. UBS Group set a €9.85 ($12.16) price objective on E.On and gave the company a “buy” rating in a research report on Monday. Societe Generale set a €9.70 ($11.98) price objective on E.On and gave the company a “buy” rating in a research report on Monday. Independent Research set a €9.50 ($11.73) price objective on E.On and gave the company a “neutral” rating in a research report on Monday. Finally, Bryan, Garnier & Co reiterated a “neutral” rating on shares of E.On in a research report on Monday. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and sixteen have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of €10.26 ($12.66).
Shares of E.On (FRA:EOAN) opened at €9.25 ($11.42) on Monday. The firm has a market capitalization of $20,260.00 and a P/E ratio of 7.52. E.On has a 52-week low of €6.70 ($8.27) and a 52-week high of €10.80 ($13.33).
E.On Company Profile
E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the United States, and internationally. The company provides power and gas distribution networks and related services; and plans, builds, operates, and manages renewable generation assets, such as onshore wind/solar and offshore wind/others.
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